When was Havells founded?

Havells was founded in 1958 and raised its 1st funding round 53 years after it was founded.

Where is Havells located?

Havells is headquartered in Noida, India. It is registered at 904, 9th Floor, Surya Kiran Building, K G Marg, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001.

How many employees does Havells have?

As of Mar 31, 2025, the latest employee count at Havells is 7161.

Is Havells a funded company?

Havells is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Nov 17, 2011.

When was the latest funding round of Havells?

Havells' latest funding was a $***** Conventional Debt round on May 25, 2012, with participation from 3 investors. Its primary sector is Energy Efficiency. Globally, the Energy Efficiency sector has seen $68.1M in funding in 2026 to date.

What is the annual revenue of Havells?

Annual revenue of Havells is more than ₹1,000 Cr as on Mar 31, 2026

Where does Havells rank among its competitors?

Havells ranks 3rd amongst 37 active competitors, of which 3 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Syska, which secured $62M in Dec, 2021.

Who are the top competitors of Havells?

Havells' top competitors include V-Guard Industries, RR Kabel and Fybros. Among them, Syska secured the most recent funding round in December, 2021.

Havells - 2026 Company Profile, Team, Funding, Competitors & Financials

Havells is a public company based in Noida (India), founded in 1958 by Qimat Rai Gupta. It operates as an Electrical equipment manufacturer. Havells has raised an undisclosed amount in funding. The company has 37 active competitors, including 3 funded and 8 that have exited. Its top competitors include companies like V-Guard Industries, RR Kabel and Fybros.

Company Details

Founded in 1958, Havells India is a electrical equipment company with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, CFL, luminaries for domestic, commercial & industrial applications, modular switches, water heater and domestic appliances. Havells owns brands like Crabtree, Sylvania, Concord, Lumiance and has 91 branches / representative offices and 12 manufacturing plants in India.

Website: havells.com
Social
Email ID: *****@havells.com
Phone Number: +91 **********
Registered Address: 904, 9th Floor, Surya Kiran Building, K G Marg, Connaught Place, Central Delhi, New Delhi, Delhi, India, 110001

Key Metrics

Founded Year

1958

Location

Noida, India

Stage

Public

Latest Funding Round

Conventional Debt, May 25, 2012, $*****

Investors

WestBridge Capital & 8 more

Ranked

3^rd among 37 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2026

Employee Count

7,161 as on Mar 31, 2025

Investment & Acquisitions

Goldi Solar & 4 more

Similar Companies

V-Guard Industries & 158 more

Exit Details

Public

View Havells' full profile

Havells is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
HAVELLS GLOBAL LIMITED CIN: U31909DL2016PLC302444 , India, Amalgamated	Jul 04, 2016	0 - ₹10 Cr (As on Mar 31, 2019)	-
HAVELLS INDIA LIMITED CIN: L31900DL1983PLC016304 , India, Active	Aug 08, 1983	₹1,000+ Cr (As on Mar 31, 2026)	7630 (As on Mar 31, 2025)

Havells got listed on Feb 08, 1994.

Click here to take a look at Havells's IPO in detail

Havells has raised funding over 2 rounds. Its first funding round was on Nov 17, 2011. Its latest funding round was a Conventional Debt round on May 25, 2012 for $*****. 3 investors participated in its latest round. Havells has 9 institutional investors.

Here is the list of recent funding rounds of Havells:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2012	8121255	Conventional Debt	8515590	8629283	9248227	8413592
Nov 17, 2011	8615254	Post IPO	6708213	4230627	6493226	Nalanda Capital

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View details of Havells's funding rounds and investors

The founders of Havells is Qimat Rai Gupta. Anil Rai Gupta is the CEO of Havells.

Here are the details of Havells' key team members:

Qimat Rai Gupta: Former Founder of Havells.
Contact Info: 1 email address

Havells' Board of Directors

Havells's board has 14 active members. Anil Rai Gupta is part of team and Puneet Bhatia, Ameet Kumar Gupta, Surjit Kumar Gupta, Rajesh Kumar Gupta, Namrata Kaul, Jalaj Ashwin Dani, Vivek Mehra, Ashish Bharat Ram, Subhash Sheoratan Mundra, Mohandas Tellicheery Venkataraman Pai, Siddhartha Pandit, Upendra Kumar Sinha and Prasada Rao Bontha are independent board members.

Here is the list of Havells' board of directors:

Name	Type	Representing	Status	Duration
zuikuze	Team	-	Current	9y 5m
Puneet Bhatia	Independent board member	-	Current	11y 10m
szrlvea	Independent board member	-	Current	3y 5m
ddzdgbe	Independent board member	-	Current	9y 3m
jeqagqy	Independent board member	-	Current	6y 1m
dsdbwhr	Independent board member	-	Current	1y 4m
xewkido	Independent board member	-	Current	1y 3m
lfkaqcs	Independent board member	-	Current	9y 4m
gakmwuv	Independent board member	-	Current	6y 4m
taohyva	Independent board member	-	Current	7y 2m
ap{tcyk	Independent board member	-	Current	9y 9m
hjrrzvm	Independent board member	-	Current	9y 7m
juta{dt	Independent board member	-	Current	9y 3m
hbqssul	Independent board member	-	Current	3y 3m

View details of Havells's Founder profiles and Board Members

Havells' employee count trend

Havells has 7,161 employees as of Mar 25. The total employee count is 4.0% lower than what it was in Mar 24. Here is Havells's employee count trend over the years:

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Top competitors of Havells include V-Guard Industries, RR Kabel and Fybros. Here is the list of Top 10 competitors of Havells, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	V-Guard Industries 1977, Kochi (India), Public	Manufacturer of consumer electrical appliances, including voltage stabilizers, inverters, and related power solutions	-	Nalanda Capital, MCap Fund Advisors	67/100
2nd	RR Kabel 2002, Mumbai (India), Public	Manufacturer of wires, cables, and consumer electrical products	$85.4M	Oasis, TPG & 20 others	65/100
3rd	Havells 1958, Noida (India), Public	Electrical equipment manufacturer	-	WestBridge Capital, Nalanda Capital & 7 others	60/100
4th	Fybros 1968, Delhi (India), Early Stage	Designer, manufacturer, supplier, and marketer of electrical accessories	$3.65M	Monk Resorts, Swirl Portfolio & 17 others	59/100
5th	Polycab 1964, Mumbai (India), Public	Manufacturer of wires, cables, and electrical products	$82.6M	IFC	59/100
6th	Sturlite 2009, Bengaluru (India), Unfunded	Sturlite is a leading provider of lighting and electrical solutions	-	-	53/100
7th	Syska 2012, Pune (India), Seed	Diversified electronics brand offering multi-category consumer electronics products	$62M	Rare Enterprises, SKS Capital & Research ... & 25 others	53/100
8th	GM Modular 2000, Mumbai (India), Early Stage	Manufacturer of switches, home automation systems, lighting, and electrical products	$580K	Million Foundation, Alka Diamond Industries ... & 35 others	53/100
9th	GreatWhite Electricals 1963, Mumbai (India), Unfunded	Manufacturer of LEDs lighting products	-	-	52/100
10th	Legrand India 1997, Mumbai (India), Funding Raised	Provider of IoT devices, modular switches board, and cable management products	-	-	52/100

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HAVELLS INDIA LIMITED, the legal entity associated with Havells, generated more than ₹1,000 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of HAVELLS INDIA LIMITED has a compounded annual growth rate (CAGR) of 4% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	4042	9299	2191	9618	5451
Total Sales	3035	8990	5536	5256	6559
Total Expenses	7359	3013	9359	4484	8581
Operating Expenses	8470	3701	4449	5204	1370
Employee Expenses	3312	5223	8858	8856	6042
Marketing Expenses	8358	8897	6605	6157	5619
Operating Income (EBIT)	1298	3594	1598	3098	3705
Interest Expenses	6785	7603	3678	9884	1191
Expenses from other activities	9292	4731	7838	4797	1209
EBITDA	8060	8969	3942	4740	8176
Taxes	3962	6007	3823	9179	8416
Net Profit	6729	6655	5521	1874	5080
Balance Sheet
Assets	9368	1098	5790	4200	5817
Cash Equivalent	2250	1286	3093	7380	3600
Accounts Receivables	5791	7302	3618	2161	6164
Inventory	5705	7149	7991	8529	9085
Liabilities	9190	8784	2695	9765	4585
Total Debt	5235	7984	8299	3685	7532
Accounts Payable	5448	9426	6662	1864	9916
Equities	6877	6754	9437	9432	5753
Cashflow Statement
Cash from Operating activities	8878	2717	8462	6700	8114
Cash from Investing activities	5929	8421	5153	2269	3790
Net cash from Financing activities	1886	9512	5403	7366	1364

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Havells has made 4 investments in companies including Goldi Solar and Arrivae. Havells has also acquired 1 companies including Promptec Renewable Energy Solutions.

Here is the list of investments & acquisitions:

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